BorgWarner price target raised to $75 from $73 at JPMorgan

JPMorgan analyst Rajat Gupta raised the firm’s price target on BorgWarner (BWA) to $75 from $73 and keeps an Overweight rating on the shares. The firm updated models in the auto suppliers group following the Q1 reports. The sector’s risk/reward is “modestly favorable,” says the analyst, who prefer names with “visible non-auto revision upside and/or strong content tailwinds into 2027.”